The Unequal Enforcement of Liberalization: Evidence from Russia's Reform of Business Regulation

Evgeny Yakovlev and Ekaterina Zhuravskaya

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Abstract: We document the unequal enforcement of liberalization reform of business regulation across Russian regions with different governance institutions, which leads to unequal effects of liberalization. National liberalization laws were enforced more effectively in subnational regions with more transparent government, a more informed population, a higher concentration of industry, and stronger fiscal autonomy. As a result, liberalization had a substantial positive effect on the performance of small firms and the growth of the official small business sector in regions with stronger governance institutions. In contrast, in regions with weaker governance institutions, we observe no effect of reform and, in some cases, even a negative effect.

Keywords: Russia; Reform of Business Regulation (search for similar items in EconPapers)
Date: 2013-08
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Citations: View citations in EconPapers (33)

Published in Journal of the European Economic Association, 2013, 11 (4), pp.808-838. ⟨10.1111/jeea.12026⟩

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Journal Article: THE UNEQUAL ENFORCEMENT OF LIBERALIZATION: EVIDENCE FROM RUSSIA'S REFORM OF BUSINESS REGULATION (2013)
Working Paper: The Unequal Enforcement of Liberalization: Evidence from Russia's Reform of Business Regulation (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00879807

DOI: 10.1111/jeea.12026

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